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Rupali Polyester Limited’s second quarterly accounts for the period ended 31.12.2011

February 17, 2012 Financial Results, Miscellaneous

Karachi: We have to inform you that the Board of Directors of our Company in its meeting held on Friday, 17 February 2012 at 1100 hrs at Rupali House, 241-242 Upper Mall Scheme, Anand Road, Lahore has approved the second quarterly and half yearly financial statements for the period ended 31 December 2011 and recommended the following:

1. Cash Dividend

NIL

2.  Bogus Shares

NIL

3. Right Shares

NIL

Financial Results

The Condensed Profit and Loss Account of the Company for the second quarterly and half yearly period ended 31 December 2011 is enclosed herewith as Annexure “A”.

Kindly circulate to your members accordingly. We will be sending you 300 copies of printed accounts shortly.

Condensed Interim Profit And Loss Account (Un-Audited) For The Half Year Ended 31 December 2011

 

Rupees in thousand

Half Year Ended

Quarter Ended
 31 Dec. 2011 31 Dec. 2010  31 Dec. 2011 31 Dec. 2010
Sales    3,419,562    2,911,698  1,752,272 1,561,528
Cost of Goods Sold  (3,279,832)    (2,536,081)  (1,736,609) (1,320,445)
    ———    ———        ——— ———
Gross Profit    139,730   375,617 15,663 241,083
Selling and Distribution Expenses  (7,676)      (7,099)  (3,855) (3,351)
Administrative and General Expenses    (59,693)  (80,218)    (30,330) (56,521)
Other Operating Charges  (6,495)  (22,031)  60 (12,626)
Other Operating Income  33,462  21,649 26,461 10,154
     ———     ———     ——— ———
Operating Profit    99,328  287,918      7,999 178,139
Finance Costs   (13,853)  (5,847)   (7,100) (4,907)
 ———      ———     ——— ———
Profit before Taxation       85,475    282,071    899 173,832
Taxation  (30,860)   (98,693) 2,712 (58,130)
———    ———       ——— ———
Profit after Taxation  54,615 183,378  3,611 115,702
        ———   ———    ——— ———
 Rupees
———      ———     ——— ———
Earnings per Share-Basic and Diluted    1.60  5.38 0.11 3.40

 

For more information, Contact:
Rupali Polyester Limited
1st Floor Gul Tower, I.I. Chundrigar Road,
Karachi, Pakistan
Tel: (92-21) 32427921-4
Fax: (92-21) 32412735
E-mail: info@rupaligroup.com
Web: www.rupaligroup.com

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